Discovery Projects - Grant ID: DP0667209

Funding Activity

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Funded Activity Summary

House Prices in Australia: A Hedonic Analysis. House prices are an important input to monetary policy since they impact directly on inflation and may be a source of speculative bubbles. The Governor of the Reserve Bank, however, recently described housing as the ``weakest link in all the price data.'' This project will attempt to resolve this problem. The resulting indexes should be of considerable interest to the Reserve Bank, the media, home owners, the real estate industry, and enhance the reputation of Australian universities. They will also quantify the extent of the burden imposed on young people by rising house prices, and its consequent strain on society.

Funded Activity Details

Start Date: 01-01-2006

End Date: 31-12-2009

Funding Scheme: Discovery Projects

Funding Amount: $208,000.00

Funder: Australian Research Council